Help Inform CFPB’s Consumer Protection Research and Analysis

The bureau’s Taskforce on Federal Consumer Law is seeking comments to assist in developing its agenda for the coming months.

5/18/2020 8:00 AM

CFPBNewsAdvocacy
Help Inform CFPB’s Consumer Protection Research and Analysis

ACA International members can help inform the Consumer Financial Protection Bureau’s taskforce focused on recommendations for consumer financial laws as well as efforts to reduce regulatory burdens through June 1.

The Taskforce on Federal Consumer Financial Law, which began its work this year,  “is seeking input from the public at this time to help identify areas of consumer protection on which it should focus its research and analysis during the balance of its one-year appointment,” according to a Request for Information from the CFPB.

The taskforce is charged with examining the existing legal and regulatory environment facing consumers and providers of consumer financial products and services; and reporting its recommendations for ways to improve and strengthen federal consumer financial laws.

ACA members with ideas to submit to the taskforce may share their input with Vice President and Senior Counsel of Federal Advocacy Leah Dempsey at dempsey@acainternational.org.

The task force’s agenda this year includes recommendations for resolving conflicting requirements or inconsistencies, reducing unwarranted regulatory burdens in light of market or technological developments, improving consumer understanding of markets and products and services, and identifying gaps in knowledge that the Bureau should address through future research, according to the CFPB.

It will report its recommendations to CFPB Director Kathy Kraninger.

The task force will also produce new research and legal analysis of consumer financial laws in the U.S., focusing specifically on harmonizing, modernizing and updating the federal consumer financial laws—and their implementing regulations—and identifying gaps in knowledge that should be addressed through research, ways to improve consumer understanding of markets and products, and potential conflicts or inconsistencies in existing regulations and guidance. 

Related Content from ACA International

CFPB Creates Taskforce on Federal Consumer Financial Law


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

Help Inform CFPB’s Consumer Protection Research and Analysis

ACA International members can help inform the Consumer Financial Protection Bureau’s taskforce focused on recommendations for consumer financial laws as well as efforts to reduce regulatory burdens through June 1.

The Taskforce on Federal Consumer Financial Law, which began its work this year,  “is seeking input from the public at this time to help identify areas of consumer protection on which it should focus its research and analysis during the balance of its one-year appointment,” according to a Request for Information from the CFPB.

The taskforce is charged with examining the existing legal and regulatory environment facing consumers and providers of consumer financial products and services; and reporting its recommendations for ways to improve and strengthen federal consumer financial laws.

ACA members with ideas to submit to the taskforce may share their input with Vice President and Senior Counsel of Federal Advocacy Leah Dempsey at dempsey@acainternational.org.

The task force’s agenda this year includes recommendations for resolving conflicting requirements or inconsistencies, reducing unwarranted regulatory burdens in light of market or technological developments, improving consumer understanding of markets and products and services, and identifying gaps in knowledge that the Bureau should address through future research, according to the CFPB.

It will report its recommendations to CFPB Director Kathy Kraninger.

The task force will also produce new research and legal analysis of consumer financial laws in the U.S., focusing specifically on harmonizing, modernizing and updating the federal consumer financial laws—and their implementing regulations—and identifying gaps in knowledge that should be addressed through research, ways to improve consumer understanding of markets and products, and potential conflicts or inconsistencies in existing regulations and guidance. 

Related Content from ACA International

CFPB Creates Taskforce on Federal Consumer Financial Law


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

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